Major International Energy Company

Simultaneous sell-side and buy-side Due Diligence

Cogitant's client was seeking to create a new Joint Venture business in a highly fragmented market, based on a combination of its own bioenergy business assets and those of a competitor. Working initially with minimal access to IT teams in either business, Mike developed the sell-side IT prospectus for the client's business, alongside analysing information about the counterparty from public domain sources and their virtual data room.  Working with multiple information sources, Mike built a detailed overview of IT assets in both businesses, preparing the way for development of JV legal transaction documents and initial IT transition plans.

The deal completed with the launch of the new JV business in December 2019